Despite being owed $6.25 million next season and $6.5 million in 2014, defensive tackle Chris Canty doesn't anticipate any upcoming contractual issues with the New York Giants. Thus far, he has not been contacted about the possibility of a restructure or pay cut, and fully expects to return this coming season.
“I’ve been honoring my contract to this point and I expect the Giants to do the same," Canty said on Saturday.
Of course, Canty's confidence that no issue was forthcoming came prior to the release of teammate Michael Boley on Tuesday. After learning of the news, the eight-year NFL veteran expressed his surprise and perhaps even a little bit of concern over his own job security.
"That’s a little bit of a shock to the system," Canty said. "He’s a terrific football player, he brings speed to our defense, the ability to cover … so he gives us a lot of versatility. To have to replace a guy like that is going to be tough. Those guys don’t come a dime a dozen in the National Football League."
With bonuses included, Canty's total estimated cap hit in 2013 would be north of $8.2 million. By releasing him, the Giants could potentially save themselves upwards of $6.5 million, and after cutting Boley, that would put them back under the projected 2013 salary cap.
The likely path that the Giants will take with Canty will be to approach him about restructuring his contract. At the right price, the team will be able to make room for him on the roster, and with depth already an issue at defensive tackle, they may have no other alterative than to workout a new deal with him.
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